Gujarat govt signs 39 more MoUs during 10th VGGIS

10 Jan 2022 CW Team

Ahead of the 10th Vibrant Gujarat Global Investor Summit (VGGIS), the government of Gujarat signed 39 more Memorandum of Understanding (MoUs).

The MoUs are related to renewable energy, ports, green hydrogen, pesticides, synthetic chemicals, education and training and research.

Its sixth and final tranche of MoUs ahead of VGGIS is between 10-12 January.

Before the VGGIS, the government had signed 135 MoUs worth more than Rs 60,000 crore. For the last two tranches, the government has not enclosed the financial details of the MoUs.

Shree Cement had signed an MoU with the Gujarat government to set up an integrated cement plant, a captive jetty, a cement grinding unit and captive solar projects in Lakhpat, Kutch.

Shree Rama Newsprint has planned to set up an agro-processing plant with 20,000 tonnes per day capacity to crush maize in Surat.

Madura Carbon India has shown interest in carbon production in Valsad, while DCM Shriram has zeroed its carbon production on the manufacturing of its special chemicals in the Bharuch district.

Baroda Rayon Corporation Limited has signed with the government an MoU for 15,000 tonnes per annum (TPA) viscose filament yarn and 6,600 TPA caustic soda manufacturing in the Dahej district.

Alembic Pharmaceuticals signed an MoU for expanding its synthetic organic chemical plant in the Bharuch district. Hettich Group, a furniture fittings manufacturer, has signed an MoU through Hettich India to produce Quadro channels in Vadodara.

Ambica Steels signed an agreement for a greenfield integrated stainless steel plant of 20,000 TPA in Kutch.TN India Private Limited will set up a chrome steel bolts manufacturing plant, while Vishakha Group is interested in setting up a solar module component production facility in Kutch.

Image Source

Equipment

12 Dec 2025

Schwing Stetter India Unveils New Innovations at Excon 2025

Schwing Stetter India unveiled more than 20 new machines at Excon 2025, marking one of its most significant showcases and introducing several India-first technologies to the construction equipment sector. The company launched the country’s first 56-metre boom pump designed and manufactured in India, the first fully electric truck mixer, the first CNG mixer variant and the first hybrid boom pump. Executives said the launch portfolio was engineered to support India’s move toward faster, greener and more vertically oriented infrastructure through advanced engineering, clean-energy solutions a..

SEPC Resolves Hindustan Copper Dispute, Wins Rs 725 Mn Order

Engineering, procurement and construction firm SEPC Ltd has recently settled a dispute with Hindustan Copper Ltd (HCL) and secured a mining infrastructure order valued at Rs 725 million from the state-owned company. SEPC informed the stock exchanges that it has executed a settlement deed with HCL, bringing closure to all inter-se claims and counterclaims arising from arbitration proceedings. As part of the settlement, SEPC will receive Rs 304.5 million as full and final payment, marking the resolution of all pending disputes between the two entities. The company also stated that Hindustan Co..

20% Ethanol Blending Cuts India’s CO2 Emissions by 73.6 Mn Tonnes

Union Road Transport and Highways Minister Nitin Gadkari recently said that India has reduced carbon dioxide emissions by 73.6 million metric tonnes due to the adoption of 20 per cent ethanol blending in petrol. He made the statement while replying to supplementary questions during the Question Hour in the Lok Sabha. Describing ethanol as a green fuel, the minister said it plays a key role in reducing pollution while also supporting higher incomes for farmers. He underlined that ethanol blending contributes both to environmental sustainability and rural economic growth. Nitin Gadkari also po..